Hey, I am back with yet another Technical Analysis, this time looking at NANO.
Last time my NANO TA went pretty good, chcek related ideas.
Instant transactions - Zero fees - Infinitely scalable, that is Nano in short.
Lets take a look at the chart.
Nano has broken the downtrend line, when it has aprroached strong demand zone. Currently Nano is Forming Ascending Triangle which is a bullish breakout pattern. I also drawn some ressistances, good for taking profits.
Taking look at the Indicators.
MACD gives some early buy signal, fewer sellers, undervalued, buyers are incoming.
RSI is fighting with the key bullish level of 53.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel!
Hope I made your view on whats going on with NANO somehow clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Last time my NANO TA went pretty good, chcek related ideas.
Instant transactions - Zero fees - Infinitely scalable, that is Nano in short.
Lets take a look at the chart.
Nano has broken the downtrend line, when it has aprroached strong demand zone. Currently Nano is Forming Ascending Triangle which is a bullish breakout pattern. I also drawn some ressistances, good for taking profits.
Taking look at the Indicators.
MACD gives some early buy signal, fewer sellers, undervalued, buyers are incoming.
RSI is fighting with the key bullish level of 53.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel!
Hope I made your view on whats going on with NANO somehow clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Comment:
Squeezy pennant, notice how the RSI acts like a ressistance.
Comment:
Support and ressistance.
Comment:
Good RSI, Good MACD, lets hope this Pennant will be bullish.
